Ether to $5K on fractals, BlackRock ETH ETF holdings 2x with $500M buy
Ether price’s rally to the $5,000 psychological mark may be a “minimum target” based on emerging ETH fractal patterns and Bitcoin’s surge above $100,000.
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Visa Works on Blockchain System for Joint Computation of Large-Scale Private Data
International payment network Visa is working on a blockchain-based system for joint policy-compliant computation of large-scale private data.Visa Research — the research and development arm of Visa that focuses on data analytics, security and payment innovation — released a paper describing a blockchain-powered system for policy-compliant computing. The system is dubbed LucidiTEE, where TEE stands…

Crypto Exchange HitBTC Appeals to Cryptography in Dispute With Altcoin BTCP
Cryptocurrency exchange HitBTC appealed to the specificity of its cryptography in an ongoing dispute with the team behind altcoin Bitcoin Private (BTCP). The post was published on HitBTC’s blog on Tuesday, March 26.The dispute involves HitBTC’s delisting of the altcoin, whose team then accused the exchange of fraud.HitBTC, currently ranked by CoinMarketCap as the world’s…

Bitcoin ‘still bullish’ even if BTC price drops to $50K — analysis
It may not be likely, but Bitcoin has a lot more room to lure bears into a false sense of security, one analyst forecasts. 1114 Total views 5 Total shares Bitcoin (BTC) can return to $50,000 and still not violate an overall "bullish thesis" after breaking all-time highs, fresh research argues.In its latest market update…

Biden budget proposes 30% tax on crypto mining electricity usage
The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources. 1091 Total views 5 Total shares Own this piece of history Collect this article as an NFTA phased-in 30% tax on cryptocurrency mining electricity costs has been proposed by United States president Joe…

Partly cloudy: How blockchain can become a force of nature
On Jan. 3, 2009, Satoshi Nakamoto mined the Bitcoin genesis block and launched the largest technological gold rush of the century. Bitcoin (BTC) was at once a software, a “protocol,” a network, a development team and a new thing called cryptocurrency. Simultaneously, cloud technology proved that abstractions and application programming interfaces could facilitate explosive scalability…

Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. 2802 Total views 12 Total shares The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional…

Lido Finance discloses 20 slashing events due to validator config issues
The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline. Ethereum staking protocol Lido Finance has disclosed its protocol saw 20 slashing events due to a series of infrastructure and signer configuration issues from validators operated by Launchnodes. The incident occurred on Oct. 11 at about 3:30

TeraWulf increases self-mined BTC in Q2, while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2. 254 Total views 3 Total shares Bitcoin (BTC) mining firm TeraWulf has seen a drastic increase in BTC rewards since increasing its mining capacity in the first half of 2023.According to the company’s latest quarterly filing with the…